GOOG DUMP
Well as I have been saying for a few days now, the market is overbought and due for a pullback. Here is the pullback with the apparent catalyst being the GOOG CFO comments indicating that "growth at GOOG is slowing." That is the last thing the growth and momentum investors in GOOG want to here. Also, as of now the SP 500 has lost 18 points since yesterday's Pisani high. The good news is that the Volatility Indexes have ripped higher on the news and before long we will have buy signals.
posted by DAVID at
11:03 AM
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